Lyft Stories August 6

Uber and Lyft admit they cause more city-center congestion than predicted

A report jointly commissioned by Uber and Lyft has revealed that ride-sharing companies create significantly more city-center congestion than they’d predicted…

Lyft Stories March 1

Lyft beats Uber to ride-sharing IPO in search of $100M, reports $2.2B in revenue for 2018

Lyft has today officially filed its IPO with the SEC (via CNN) as it looks to raise as much as $100M under the ticker LYFT on the Nasdaq. The move comes as Lyft’s main competitor Uber is also expected to make its initial public offering soon.

Lyft Stories October 16, 2018

Lyft helping commuters with monthly subscription plan while Uber valued at $120B

Lyft has today announced its new monthly subscription plan to offer users easy access to the ride service as well as a nice price cut. It won’t likely improve its value compared to its bigger rival Uber who saw a possible IPO value stretch into the 12 digit realm…

Lyft Stories September 26, 2018

Lyft challenges people in 35 more cities to live without their car for a month

Back in July, Lyft offered to give $550 in credit to Chicago residents who proved they could live without their car for a month, substituting a mixture of Lyft, Zipcar, bike shares and public transit. It’s now offering a similar deal to residents in 35 other US cities …

Lyft Stories August 30, 2018

Uber and Lyft accused of using cheap and inadequate driver background checks

Both Uber and Lyft have been accused of placing rider safety at risk by using a budget background check service which fails to access the FBI criminal record database. As a result, the checks have missed the criminal records of at least 25 drivers …

Lyft Stories August 23, 2018

Lyft offering free and discounted rides to the polls on November 6

Lyft is teaming up with non-partisan organizations to offer free and discounted rides to the polls for those who might otherwise struggle to vote on November 6 …

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